SecureKloud Board Approves Unaudited Results, HCTI Share Deal
Securekloud Technologies Ltd announced the outcome of its board meeting held on August 10, 2026. The board approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with the limited review report. The company also approved the notice to convene its 41st Annual General Meeting on September 25, 2026. A significant development was the note on an agreement with Healthcare Triangle Inc. (HCTI), where HCTI will issue 28,28,167 shares of its common stock to Securekloud or its nominee, Blockedge Technologies Inc., as a make-whole for a Series B Convertible Preferred Stock. This transaction is valued at approximately INR 42 Crore and involves related parties, though it is governed by market price.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- AGM scheduled for September 25, 2026, via VC/OAVM.
- HCTI to issue 28,28,167 shares to Securekloud or subsidiary.
- Asset transfer agreement with HCTI valued at approx. INR 42 Crore.
- Transaction involves related parties but is at market price.
Price Impact
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